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Gold/Mining/Energy : Vulcan Minerals - C.VUL

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To: Buckey who wrote (224)	5/30/1999 11:00:00 PM
From: Mr. Oil	Read Replies (1) of 415

You are correct Buckey. I heard the CEO being interviewed on CBC Friday and he said they have no further plans for NFLD west coast at this time. They didn't say the don't think there is oil there. They just don't plan on spending more money to locate it if it is there. The party is over for Pan Canadian and it is on to other things. Hey but this happens all the time in exploration. The next company who bids for their block may find Hbiernia 2. Will VUL pull the rabbit out of the hat or the oil out of the hole? Time will tell. Ray

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